Growth Metrics

FTC Solar (FTCI) Cash & Equivalents (2020 - 2026)

FTC Solar posted quarterly Cash & Equivalents of $5.6 million for Q1 2026, down 4.57% year-on-year from $5.9 million in Q1 2025, and down 73.28% on a QoQ basis from $21.1 million in Q4 2025.

FTC Solar (FTCI) has 7 years of Cash & Equivalents data on file, last reported at $5.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Cash & Equivalents fell 4.57% year-over-year to $5.6 million; the trailing twelve-month figure through Mar 2026 stood at $5.6 million (down 4.57% YoY), and the FY2025 full-year result was $21.1 million, up 87.65% from the prior year.
  • Cash & Equivalents for Q1 2026 stood at $5.6 million, down from $21.1 million in the prior quarter.
  • Across five years, Cash & Equivalents topped out at $66.0 million in Q2 2022 and bottomed at $3.5 million in Q2 2025.
  • The 5-year median for Cash & Equivalents is $24.4 million (2025), against an average of $26.3 million.
  • The widest annual swing landed in 2022, when Cash & Equivalents soared 824.78%; it then plunged 73.81% in 2024.
  • A 5-year view of Cash & Equivalents shows it stood at $44.4 million in 2022, then plunged by 43.15% to $25.2 million in 2023, then slumped by 55.43% to $11.2 million in 2024, then surged by 87.65% to $21.1 million in 2025, then slumped by 73.28% to $5.6 million in 2026.
  • The last three Cash & Equivalents figures came in at $5.6 million (Q1 2026), $21.1 million (Q4 2025), and $24.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Equiv. (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 2.36 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 1.09 Bn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 541.71 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 497.55 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 512.38 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 1.88 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 200.70 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 FTC Solar 73.33 Mn 67.69 Mn -1.23 Mn 5.64 Mn

Historic Data

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DateValue
Mar 31, 2026 5.64 Mn
Dec 31, 2025 21.11 Mn
Sep 30, 2025 24.37 Mn
Jun 30, 2025 3.52 Mn
Mar 31, 2025 5.91 Mn
Dec 31, 2024 11.25 Mn
Sep 30, 2024 8.26 Mn
Jun 30, 2024 10.78 Mn
Mar 31, 2024 14.04 Mn
Dec 31, 2023 25.24 Mn
Sep 30, 2023 31.52 Mn
Jun 30, 2023 33.82 Mn
Mar 31, 2023 41.49 Mn
Dec 31, 2022 44.39 Mn
Sep 30, 2022 49.82 Mn
Jun 30, 2022 66.03 Mn
Mar 31, 2022 49.38 Mn
Dec 31, 2021 102.19 Mn
Sep 30, 2021 140.66 Mn
Jun 30, 2021 149.67 Mn
Mar 31, 2021 5.34 Mn
Dec 31, 2020 32.36 Mn
Sep 30, 2020 20.36 Mn
Jun 30, 2020 14.10 Mn
Mar 31, 2020 31.94 Mn